Board performance reviews

VEM’s independent board assessments ensure that an organisation gains a thorough understanding of its operation, perceptions, and opportunities that exist within its current board. And it also identifies any gaps or opportunities to improve the board’s performance and/or skill set. VEM applies a well-established perception methodology including qualitative comments and quantitative scoring. Essentially we ask directors to comment and rate their own skills and those of other directors (that is, essentially a type of board perceptions study). We then overlay our expertise both as directors and working with boards.

 VEM’s independent board assessments focus on issues such as:

 ·     skill mix and composition, including individual performance and contribution;

· the ability of the board to function as a team;

· communications issues, both within the board and within the company’s executive team;

· the overall performance of the board;

· peer company assessments; and

· if required, a review of the governance issues facing the business.